Draghi in focus as inflation stalls in Europe.

• Pound holds steady against dollar
• ECB Expected to do ‘Whatever it takes’ to save the euro
• Dollar gets lift from upbeat Fed report
• Rand recovers footing but weak economy at risk

Categories: Market Commentary.


GBP/USD bounces off 1.53

• Sterling touches 3-month lows as UK manufacturing slows
• EUR/USD surges nearly 1%, as weak China data rattles global markets
• Dollar remains lower vs. rivals after downbeat ISM report
• Aussie gives up earlier gains on weak GDP; NZD rise capped by Asia volatility


Euro Buoyed On Chinese Concerns

• Pound continues to weaken against dollar.
• Euro strengthening as the unwinding of global carry trade begins.
• Dollar pauses for a breather.
• European indices expected to fall.

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Categories: commodities.


U.S. GDP Data Rallies Dollar

• Pound falls to six week low against the dollar.
• Euro weakens as traders ponder more QE.
• Dollar on a high after GDP data.
• FTSE 100 Rallies.

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Categories: commodities.


Stock Markets Recover as Dollar Gains

UK economy ticking along nicely as sterling trades sideways
Euro suffers vs dollar but stands firm against sterling
Dollar supported as US stock markets recover
Oil moves higher on drop in US crude inventories

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Categories: Market Commentary.


Sterling stabilises; No rate rise until 2017?

Sterling recovers, but investors cool UK rate hike expectations
Euro stays high vs dollar; German Ifo business climate rises to 3-month
Dollar holds broad gains after upbeat U.S. data; China rate cut
Aussie weaker despite upbeat construction data, eyes on China

Categories: Market Commentary.


Sterling slumps against euro.

•Sterling slumps as global stock rout dents BoE view
•Euro soars as risk aversion accelerates
•Dollar gets respite against yen, but China worries linger
•Rand sinks most since 2011 as commodities tumble

Categories: Market Commentary.


Asian Rout Sends Euro Higher

Pound rises to seven week high against dollar.
Euro seen as safe haven.
Dollar lower. But for how long?
Asian markets scream.

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Categories: commodities.


Sterling & Dollar Hit Session Lows

• Poor retail sales hit sterling.
• Euro surges against dollar.
• Dollar falters after Fed statement.
• FTSE 100 in bear market

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Categories: commodities.


Dollar Falls as Traders Slash Odds for Fed Rate Rise

Mixed evening session for Sterling as GBP/EUR falls but cable rises
Germany & ESM Board of Governors approve €86 Bn Greek bailout deal
Dollar bull herds exposed as September Fed rate-rise odds shrink
Likelihood of US oil sliding to $30 a barrel increasing

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Categories: Market Commentary.